Goldston Oil

I have some news. Goldston Oil has leased property south of Castor. The lease does not cover Haynesville shale. Just Hosston up. Terms of the lease were 500/acre and 1/4 royalty for a 3 year only lease. Any thoughts on Goldston? I know they have wells in Texas. I know the record on SONRIS does not look to good to me but they may have isolated something on the 3-D survey they want to go after. It was only a small area they went after. Any thoughts?

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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More